Retail Properties of America, Inc. (NYSE:RPAI) Updates FY17 Earnings Guidance

Marco Green
August 13, 2017

(NYSE:RPAI) during the second quarter, Holdings Channel reports. The company's stock had a trading volume of 716,579 shares.

National Retail Properties, Inc is a real estate investment trust (REIT). (NYSE:NNN) shares. Tessitore Christopher Paul sold $887,893 worth of stock or 20,000 shares. Metropolitan Life Insurance Co. MACNAB CRAIG sold $2.44 million worth of National Retail Properties, Inc. The value of the investment in Retail Properties of America, I went from $62,047,000 to $38,009,000 a change of 38.7% for the reporting period.

02/20/2014 - Retail Properties of America, Inc. was upgraded to "hold" by analysts at TheStreet. As of the end of the quarter Capital Fund Management S.A. had bought 157,636 shares growing its holdings by 27.3%. Finally, Quadrature Capital Ltd acquired a new position in Retail Properties of America during the fourth quarter valued at $648,000. Rehmann Capital Advisory Group bought a new position in shares of National Retail Properties during the first quarter worth about $250,000. New York State Teachers Retirement System controls 270,652 shares with a value of $10,582,000. This is a boost from National Retail Properties's previous quarterly dividend of $0.46. The stock declined 1.36% or $0.55 reaching $39.9 on the news. (RPAI) is sinking -1.42% to $13.19.

01/31/2014 - Retail Properties of America, Inc. was upgraded to "overweight" by analysts at Capital One.

The P/E ratio is 29.99 and the market cap is 5.96B.

Shares are trading at $13.19 which is marginally higher than $12.75, the stock's 50 day moving average and a bit lower than the 200 day moving average of $13.67.

Retail Properties of America (NYSE:RPAI) last posted its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.01, Bloomberg Earnings reports. Retail Properties of America had a net margin of 34.57% and a return on equity of 9.20%. (RPAI) dropped with negative flow of -1.93% during recent week and go down so far this year; showing a decline of -13.96%. The real estate investment trust reported $0.60 EPS for the quarter, topping the consensus estimate of $0.33 by $0.27. Strengthening these views, the company is estimating to achieve earnings per share (EPS) growth of 156.25% in next year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Monday, July 31st will be given a $0.475 dividend. The ex-dividend date is Monday, September 25th. Retail Properties of America's payout ratio is 82.50%. Finally, APG Asset Management US Inc. increased its stake in National Retail Properties by 19.6% in the second quarter. If you are accessing this story on another website, it was illegally copied and reposted in violation of US & worldwide copyright & trademark legislation.

A number of research analysts recently weighed in on the company.

06/30/2016 - Jefferies began new coverage on Retail Properties of America, Inc. giving the company a "hold" rating. Zacks Investment Research lowered shares of Retail Properties of America from a "hold" rating to a "sell" rating in a report on Wednesday, May 3rd.

TRADEMARK VIOLATION NOTICE: "National Retail Properties (NNN) Rating Increased to Buy at Zacks Investment Research" was reported by Chaffey Breeze and is owned by of Chaffey Breeze.

03/29/2016 - Robert W. Baird began new coverage on Retail Properties of America, Inc. giving the company a "outperform" rating. Dimensional Fund Advisors Lp expanded its position by buying 97,216 shares an increase of 3.0% from 03/31/2017 to 06/30/2017. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. On Friday, February 12 the stock rating was maintained by FBR Capital with "Outperform". Following the completion of the purchase, the director now directly owns 37,602 shares in the company, valued at approximately $474,161.22. The total value of its holdings increased 7.8%. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Shane C. Garrison sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, May 18th. The disclosure for this sale can be found here.

Boston Properties, Inc is a real estate investment trust. The Company owns and operates shopping centers located in the United States. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet. Its retail operating portfolio includes neighborhood and community centers, power centers, and lifestyle centers and multi-tenant retail-focused mixed-use properties, as well as single-user retail properties.

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